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International

China Re gets regulatory nod for Chaucer takeover

December 19, 2018 Reprints

The European Commission has approved China Reinsurance (Group) Corp.'s acquisition of U.K.-based insurer Chaucer Holdings Ltd., Xinhua reported. The commission said that the deal would not cause any competition-related concerns. The deal is valued at $865 million.

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China Re gets regulatory nod for Chaucer takeover

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